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The International Monetary Agency expects annual inflation in Iraq to rise to 6.6% in 2023
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2023-05-18 05:57
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Shafaq News / The International Monetary Fund expected that the annual inflation in Iraq will rise to 6.6% in 2023.
The fund said in its latest schedule for May of 2023 that "the annual inflation of consumer prices in Iraq is expected to rise during 2023 to reach 6.6%, after it was 5% in 2022."
He added, "It is also expected that the annual inflation in Iraq will decrease during the year 2024 to 1.6%," noting that "the annual inflation in Iraq during the year 2020 amounted to 0.6%, to rise in the year 2021 to 6%."
He pointed out that "the largest annual inflation recorded for the Arab countries during the year 2022 was in Algeria, where inflation reached 9.3%, followed by Egypt at 8.5%, while Saudi Arabia recorded the lowest annual inflation rate for the same year among the Arab countries at 2.5%."
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2023-05-18 05:57
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Shafaq News / The International Monetary Fund expected that the annual inflation in Iraq will rise to 6.6% in 2023.
The fund said in its latest schedule for May of 2023 that "the annual inflation of consumer prices in Iraq is expected to rise during 2023 to reach 6.6%, after it was 5% in 2022."
He added, "It is also expected that the annual inflation in Iraq will decrease during the year 2024 to 1.6%," noting that "the annual inflation in Iraq during the year 2020 amounted to 0.6%, to rise in the year 2021 to 6%."
He pointed out that "the largest annual inflation recorded for the Arab countries during the year 2022 was in Algeria, where inflation reached 9.3%, followed by Egypt at 8.5%, while Saudi Arabia recorded the lowest annual inflation rate for the same year among the Arab countries at 2.5%."
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